Taxes
Search documents
Top Dems debate Zohran Mamdani's policies
MSNBC· 2025-07-15 18:40
Are we starting with the premise that for the past 30 or 40 years things have gotten worse for workingclass New Yorkers. It is more unaffordable. So if you start with that premise, we can't stay status quo.Now I'm oriented around the nature of as we build affordable housing, what is the price point. Can we get people with two kids living in the city so that they can work at Fizer. I'm less worried about the Fiser seuite. I'm worried about the Fiser clerk.I I don't think New York residents are undertaxed. Uh ...
Tariff Threats & Retreats: What exactly is Trump looking for in a trade deal?
MSNBC· 2025-07-09 20:45
Trade Policy & Tariffs - The current US effective tariff rate stands at 15%, increasing to 17% after recent trade agreements, significantly higher than the pre-administration level of 2% or less [9] - The imposition of tariffs is viewed as taxes on American businesses and consumers, ultimately leading to higher prices and reduced spending [14][17] - The US trade policy is causing a reshaping of global supply chains, trade relationships, and geopolitical dynamics [11] - There is concern that the US President's approach to trade deals lacks binding commitment and can be unilaterally altered, making it difficult for other countries to offer meaningful concessions [6][7] Economic Impact - The tariffs are expected to negatively impact economic growth and employment in the latter half of the year [17][18] - Consumers are starting to feel the impact of tariffs through increased costs, as exemplified by unexpected tariff charges on imported goods [15][16] Federal Reserve & Monetary Policy - The US President is expected to exert pressure on the Federal Reserve to lower interest rates, potentially compromising the Fed's independence and its broader economic objectives [21][22]
X @Bloomberg
Bloomberg· 2025-07-08 10:15
Sentiment - US small business sentiment declined slightly in June [1] Concerns - Owners worried about taxes [1] Policy Impact - Ahead of a major legislative win for the Trump administration [1]